Pivot Points

Distance

Distance shows the difference between the pivot point and bid rate. It is calculated by subtracting the ask rate from the pivot point rate.

Bid

Ask

Daily

HIGH

LOW

Close

R3

R2

R1

S1

S2

S3

Weekly

HIGH

LOW

Close

R3

R2

R1

S1

S2

S3

Monthly

HIGH

LOW

Close

R3

R2

R1

S1

S2

S3

Last Updated:

Understanding Pivot Points

Pivot points are used by traders as a predictive indicator and denote levels of technical significance. When used in conjunction with other technical indicators such as support and resistance or Fibonacci, pivot points can...Read More

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